Vietnam Manufacturing Production YoY YTD
Output & Demand · Monthly series · VNMPRYY
Latest, October 2026
12.7%
+0.33pp from September 2026
Forecast
Forecast for October 2027: 11.3%, with an 80% interval of 4.5% to 18.7%.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| November 2026 | 12.9% | 12.0% | 13.6% |
| December 2026 | 13.0% | 11.2% | 14.6% |
| January 2027 | 11.0% | 0.7% | 17.9% |
| February 2027 | 12.6% | -6.2% | 27.4% |
| March 2027 | 12.6% | 3.9% | 22.2% |
| April 2027 | 12.7% | 3.6% | 24.0% |
| May 2027 | 12.4% | 3.1% | 22.9% |
| June 2027 | 11.9% | 4.4% | 20.5% |
| July 2027 | 12.3% | 4.7% | 21.8% |
| August 2027 | 11.9% | 5.0% | 20.1% |
| September 2027 | 12.0% | 5.9% | 19.3% |
| October 2027 | 11.3% | 4.5% | 18.7% |
AI confidence
Limited evidenceComplete backtests for this serving model and forecast horizon are not available.
Model: TiRex + Toto ensemble (foundation models)
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Commentary
Manufacturing to rise to 13.04% YoY in Dec 2026, up from 12.71% in Oct, extending expansion.
Up from 12.71% (Oct) to 13.04% (Dec forecast), driven by Samsung's >$4.0bn Vietnam semiconductor/manufacturing investment.
Despite a Jan dip to 10.97% forecast, electronics exports surged to US$175.4bn (9M2026), lifting component demand.
Plateau near ~12% through 2027 forecast, supported by Vietnam's Investment Law 2025 incentives and hi‑tech park subsidies.
Recent history (24 observations)
| Period | Value |
|---|---|
| October 2026 | 12.7% |
| September 2026 | 12.4% |
| August 2026 | 11.8% |
| July 2026 | 11.5% |
| June 2026 | 10.9% |
| May 2026 | 10.5% |
| April 2026 | 10.5% |
| March 2026 | 10.9% |
| February 2026 | 12.4% |
| January 2026 | 23.6% |
| December 2025 | 10.6% |
| November 2025 | 10.5% |
| October 2025 | 10.4% |
| September 2025 | 10.3% |
| August 2025 | 10.1% |
| July 2025 | 10.1% |
| June 2025 | 10.5% |
| May 2025 | 10.7% |
| April 2025 | 10.7% |
| March 2025 | 10.6% |
| February 2025 | 10.1% |
| January 2025 | 0.5% |
| December 2024 | 9.0% |
| November 2024 | 8.9% |
Source
Data: ECONOMICS feed via TradingView.
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